Ken Fisher Fisher Asset Management
Ken Fisher is the founder and executive chairman of Fisher Investments, a global money management firm overseeing billions of dollars in assets. He gained early recognition for pioneering the use of the price-to-sales ratio in stock analysis and wrote the long-running “Portfolio Strategy” column in Forbes. Over the years, Fisher has authored numerous books on investing and wealth management, many of which have become bestsellers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ExxonMobil
XOM
|
+$1.18B |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$340M |
| 3 |
Coca-Cola
KO
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$274M |
| 5 |
iShares US Pharmaceuticals ETF
IHE
|
+$209M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SI
SIEMENS AKTIENGESELLSCHAFT ADS
SI
|
+$828M |
| 2 |
ABB
ABB Ltd
ABB
|
+$679M |
| 3 |
NextEra Energy
NEE
|
+$553M |
| 4 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$231M |
| 5 |
PepsiCo
PEP
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 30% |
| 2 | Financials | 12.45% |
| 3 | Consumer Discretionary | 10.07% |
| 4 | Healthcare | 9.87% |
| 5 | Industrials | 7.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
United Rentals
URI
$72.4B
| $24.3M | 0.01% |
42,455
-1,973
| -4% | -$931K |
|
302
Thor Industries
THO
$4.04B
| $24.3M | 0.01% |
205,603
-5,866
| -3% | -$586K |
|
303
ICICI Bank
IBN
$109B
| $24.3M | 0.01% |
1,018,772
+54,719
| +6% | +$1.26M |
|
304
ON Semiconductor
ON
$18.6B
| $24.1M | 0.01% |
289,026
-5,310
| -2% | -$417K |
|
305
Veracyte
VCYT
$3.71B
| $24.1M | 0.01% |
875,161
-130,268
| -13% | -$3.14M |
|
|
MDRX
306
DELISTED
Veradigm Inc. Common Stock
MDRX
| $23.8M | 0.01% |
2,264,275
-601,868
| -21% | -$7.38M |
|
307
State Street SPDR S&P Capital Markets ETF
KCE
$466M
| $23.7M | 0.01% |
232,018
+59,590
| +35% | +$5.34M |
|
308
Semtech
SMTC
$12.6B
| $23.6M | 0.01% |
1,077,768
-124,207
| -10% | -$2.3M |
|
309
Park Hotels & Resorts
PK
$2.89B
| $23.6M | 0.01% |
1,539,246
-230,652
| -13% | -$3.18M |
|
310
Pegasystems
PEGA
$5.21B
| $23.5M | 0.01% |
963,230
-190,532
| -17% | -$4.46M |
|
311
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.51B
| $23.5M | 0.01% |
491,875
-35,737
| -7% | -$1.58M |
|
312
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $22.9M | 0.01% |
231,278
+58,834
| +34% | +$5.32M |
|
313
Amgen
AMGN
$219B
| $22.7M | 0.01% |
78,753
+3,049
| +4% | +$831K |
|
314
Flowserve
FLS
$10B
| $22.6M | 0.01% |
548,327
-10,002
| -2% | -$384K |
|
315
Cavco Industries
CVCO
$4.45B
| $22.4M | 0.01% |
64,517
-4,640
| -7% | -$1.32M |
|
316
Veeco
VECO
$3.15B
| $22.2M | 0.01% |
716,435
-156,853
| -18% | -$4.37M |
|
317
Urban Edge Properties
UE
$2.71B
| $21.9M | 0.01% |
1,195,732
-317,326
| -21% | -$5.23M |
|
318
The Greenbrier Companies
GBX
$1.48B
| $21.6M | 0.01% |
488,148
-132,557
| -21% | -$5.18M |
|
319
Alcon
ALC
$33.9B
| $21.3M | 0.01% |
273,252
-17,263
| -6% | -$1.28M |
|
320
Emerson Electric
EMR
$87.5B
| $21M | 0.01% |
215,491
+5,188
| +2% | +$475K |
|
321
Warner Bros
WBD
$66.2B
| $20.9M | 0.01% |
1,837,483
+185,395
| +11% | +$2M |
|
322
Diamondback Energy
FANG
$53.1B
| $20.8M | 0.01% |
134,354
+416
| +0.3% | +$65.2K |
|
323
Materion
MTRN
$5.8B
| $20.7M | 0.01% |
159,412
-8,863
| -5% | -$972K |
|
324
Globus Medical
GMED
$11B
| $20.4M | 0.01% |
383,581
-125,363
| -25% | -$6.11M |
|
325
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.44B
| $20.4M | 0.01% |
716,550
+58,872
| +9% | +$1.5M |
|
Similar funds
Ken Fisher's Q4 2023 Portfolio in Review
As of Q4 2023, Ken Fisher held 1,269 positions worth $189B, up 7.3% from $176B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ken Fisher withdrew a net $8.48B in Q4 2023, closing 288 positions and reducing 487 holdings. Its most notable exit was SIEMENS AKTIENGESELLSCHAFT ADS, an estimated $828M position sold in full.
By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Ken Fisher opened a new position in Veralto worth $93.6M.
- Ken Fisher's largest Q4 2023 buy was Veralto: 1,137,890 shares worth $93.6M.
- Ken Fisher added most to ExxonMobil in Q4 2023, an estimated $1.18B increase.
- Ken Fisher's biggest Q4 2023 reduction was NextEra Energy, cutting an estimated $553M.
- Ken Fisher fully exited SIEMENS AKTIENGESELLSCHAFT ADS in Q4 2023, selling an estimated $828M.
- Ken Fisher's ten largest holdings make up 31% of its $189B portfolio in Q4 2023.
- Ken Fisher opened 101 new positions and closed 288 in Q4 2023.
- Ken Fisher's portfolio value rose 7.3% quarter-over-quarter to $189B.
Based on Fisher Asset Management's 13F filing for Q4 2023, filed 6 Feb 2024.